Reading has converted to an alternative buyer who has only two weeks left to go until the Premier League deadline set for a new owner.
In February, Royals entered a temporary framework with a proper buyer who tried to end a long-term seizure story.
But that period has expired and the club announced on Wednesday that they are now in an “progressive dialogue” with a “alternative proposal.
The owner of Dae Yongje has 13 days left to sell or threaten the club, who, despite problems, sits sixth on the table and has been suspended by the Premier League.
Last month, EFL announced that Yongge was officially excluded from the EFL owner and managers.
He initially told the Chinese businessman that he should sell the club until April 5 but extended the deadline last week until April
“Negotiations between the parties continue in a professional and positive manner, by fulling acknowledged from all parties concerned about the need to sell the club to all relevant parties, including players, employees and supporters,” the club’s website said in a statement., external.
US businessman and lawyer Rob Cohge has previously tried to buy the club and has said he still likes to do so.
Last month, Yongje tried to make a court verdict against Cohyeg, claiming that former Wicomppe Wanderes’ owner would prevent his attempts to sell Royals. Kuhig rejected the claim.
The club said they are trying to complete the sales in the “most opportunity” and wait for the deadline to fulfill the deadline.